Speedex International LLC. will be exhibiting its latest products at FM Expo in Dubai next September. We spoke to the Managing Director, Mustafa Moiz; here's what he told us as he prepares to participate at the largest dedicated platform for Facilities Management in the Middle East.
How do you find the FM market in the Middle East right now?
There is an ongoing demand for FM services as major infrastructural developments continue to boom. From residential to commercial buildings, the demand for various services like security, cleaning, and equipment maintenance are on the rise. According to reports, with an annual growth rate of 16.8 percent in infrastructure spend, the need for proper FM services has never been more essential. There are reports suggesting that FM market in Saudi Arabia is expected to reach 49.82 bn dollars by 2030.
Why would you recommend doing business in this region?
The Middle East is an enormous geographical and cultural region stretching from the Mediterranean coast of North Africa to the Afghani border with Pakistan. The region is home to many races and religions which gives a multicultural society and doing business in such a region can offer a number of key benefits, including the following:
1. Rapidly modernising markets
2. An abundance of natural resources
3. A crossroads for international trade
4. An educated workforce
What are the top 3 trends in the industry according to you?
1. In 2018, the act of buying commodities will become less of a chore.
2. Personalization will still be a key retail trend.
3. While we might see a few robots talking to shoppers on the shop floor, we expect bots to play a bigger role in supporting retail operations.
What do these mean for your company?
We need to reinvent ourselves in terms of technology. . Dedicated and knowledgeable staff will become key to the industry. Customers will be the highest priority.
What products will you present at FM EXPO?
We will be presenting a range of power tools and hand tools and will showcase some of the key brands like Yato, Makita, Stanley and Milwaukee.
How will the exhibition help you to grow business in the UAE?
We are looking at increasing our network and FM Expo gives us the platform to approach key clients in the service industry.
About Speedex International LLC -
A UAE-based retailer, wholesaler and distributor of some of the world’s finest tools, hardware and home improvement products.
Established in 1991, SPEEDEX, currently trades from four locations in the UAE with plans to open more stores in the future.
Their customers include DIY and home living enthusiasts, professionals from the contracting industry and government institutions.
They cater to customers from diverse sectors that include Automotive, Building & Contracting, Fit-outs & Joineries, Landscaping, Facility Management, Oil & Gas and Aviation.